Flat trades

(redirected from Flat Trade)

Flat trades

A bond in default trades flat; that is, the price quoted covers both principal and unpaid accrued interest. Any security that trades without accrued interest or at a price that includes accrued interest is said to trade flat.

Flat Trades

1. Securities that do not trade with accrued interest included in the price. For example, most American exchanges trade bonds without including interest. See also: Clean price.

2. Securities, especially bonds, that normally trade with accrued interest but are not because of a significant problem. Normally, a bond flat trades when it is in default.
References in periodicals archive ?
htm) Prices witnessed flat trade a week ago , after the release of US labour market data.
Muscat : The MSM 30 Index witnessed a spike trailing back the continuous positive trend since last week despite a flat trade on Monday.
Hong Kong shares broke out of early flat trade, with the Hang Seng Index rising 0.
35% weaker with investors lacking direction in flat trade, dealers said.
Economists contrasted flat trade with EU countries in March with lively exchanges with other countries, where British exports rose by 3.
Economists said the monthly figure was slightly better than expected but a cause for concern lay in flat trade with EU countries.
Economists said the monthly figure was better than expected but a cause for concern lay in flat trade with EU countries.
The Thai stock market ended largely unchanged in flat trade, dealers said.
35% softer in flat trade as investors struggled to locate promising leads, dealers said.
Malaysian share prices ended relatively steady today in flat trade, dealers said.
Asian share markets closed lower as investors struggled to find direction in largely flat trade, dealers said.
Asian share markets closed higher in relatively flat trade as investors remained on the sidelines ahead of next week's US Federal Reserve meeting, dealers said.